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Xtract One ( (TSE:XTRA) ) has issued an announcement.
Xtract One Technologies has been selected by Meridian Public School District in Mississippi to implement its SmartGateway system, aimed at enhancing safety across school campuses. This deployment will initially focus on the high school, with plans to expand to all ten campuses, ensuring the safety of over 4,500 students and 1,000 employees. The SmartGateway system offers advanced threat detection capabilities with minimal disruption, replacing traditional metal detectors with AI-powered sensors that discreetly scan for concealed weapons. This partnership underscores a commitment to creating safer educational environments, allowing students and faculty to focus on learning without safety concerns.
The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.
Spark’s Take on TSE:XTRA Stock
According to Spark, TipRanks’ AI Analyst, TSE:XTRA is a Neutral.
Xtract One faces financial and technical challenges, with a negative P/E ratio and bearish market indicators. While there are positive aspects such as a strong product pipeline and backlog, ongoing profitability issues and increased cash burn weigh heavily on its overall potential.
To see Spark’s full report on TSE:XTRA stock, click here.
More about Xtract One
Xtract One Technologies is a leading provider of threat detection and security solutions, utilizing AI to offer seamless and secure experiences. The company specializes in unobtrusive weapons and threat detection systems designed to enhance safety while maintaining a smooth ‘Walk-right-In’ experience. Their solutions cater to various markets, including schools, hospitals, arenas, and more, positioning Xtract One as a market leader in delivering high security with minimal disruption.
Average Trading Volume: 220,036
Technical Sentiment Signal: Sell
Current Market Cap: C$84.89M
See more insights into XTRA stock on TipRanks’ Stock Analysis page.